Dublin, March 21, 2024 (GLOBE NEWSWIRE) -- The "Global Automation Testing Market by Offering (Testing Types (Static Testing and Dynamic Testing) and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Vertical (BFSI, Automotive, IT & ITeS) and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The global automation testing market is undergoing a significant transformation, experiencing a robust Compound Annual Growth Rate of 14.5% with expectations to soar from USD 28.1 billion in 2023 to USD 55.1 billion by 2028. As industries across the board increasingly integrate automation testing into their operations, the market is witnessing an accelerated pace of innovation and strategic collaborations. This evolution is particularly pronounced within dynamic sectors such as BFSI, IT & ITeS, and automotive verticals, where the implementation of advanced testing types - both static and dynamic - plays a crucial role in business agility and quality assurance.
Amidst the rising tide of cyber threats and the critical need for data protection, the automation testing market is being driven by the decisive role of automated security testing tools. These tools are essential in preemptively identifying vulnerabilities, thereby safeguarding sensitive data and upholding the integrity of software applications. The criticality of security testing in the IT & ITeS segment cannot be overstated; with the market expected to dominate this space, automation testing's comprehensive capabilities are in high demand for ensuring seamless performance and robust serverless architecture validation.
In the dynamic landscape of regulations and protocols, non-functional testing is poised to witness the fastest growth rate. Industries such as finance, healthcare, and government require stringent compliance standards to be met, a task well-suited to the precision of automation testing. With the stakes of regulatory compliance ever-mounting, the meticulous verification of non-functional aspects such as security, reliability, and performance becomes paramount. Automation testing's exhaustive protocols demonstrate an unwavering commitment to exceed industry standards, earning it a cornerstone status in the software testing regime.
Asia-Pacific emerges as a region manifesting the highest growth rate during the forecasted period, with e-learning platforms and cutting-edge EdTech initiatives spurring the need for comprehensive automation testing. The nuanced necessities of educational software across this expansive region make the role of automation testing indispensable. Through systematic functionality, scalability, and performance validations, automation testing ensures that e-learning platforms can meet the demands of diverse user bases and deliver a superlative educational experience.
In a meticulous examination of market dynamics, the study dissects the automation testing market by offering detailed insights into testing types, services, endpoint interface, and verticals. The analysis provides an extensive competitive landscape with key players adopting strategies such as partnerships, product enhancements, and acquisitions to strengthen their market position. This granular understanding of the market reveals critical drivers influencing growth, including the acceleration of software development lifecycles and the rising tide of web and mobile applications. The report highlights the challenges and opportunities within the market, paving the way for stakeholders to craft informed strategies and capitalize on the burgeoning prospects in the realm of automation testing.
The insights gleaned from this comprehensive research offer stakeholders the advantage of understanding the nuances of the automation testing market. With key information on market drivers, restraints, challenges, and opportunities, the report stands as a beacon for those seeking to navigate the complex currents of the automation testing landscape and emerge victorious in this highly competitive domain.
Key Benefits of the Research:
- Detailed analysis of market drivers, providing an understanding of factors propelling the industry's growth.
- In-depth review of product innovation and technology advancements that shape market trends.
- Examination of market development opportunities within lucrative segments and regions.
- Strategic assessment of market diversification efforts, encompassing new product launches and geographical expansions.
- Competitive analysis offering insights into market share and service offering strategies of leading industry players.
The strategic insights and market forecasts presented in this research are pivotal for industry stakeholders to not only gauge the market pulse but also to configure their positioning and market approaches effectively for the coming years.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 296 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $28.1 Billion |
| Forecasted Market Value (USD) by 2028 | $55.1 Billion |
| Compound Annual Growth Rate | 14.5% |
| Regions Covered | Global |
Companies Mentioned
- IBM
- Accenture
- Opentext Corporation
- Capgemini
- Microsoft
- Broadcom
- Tricentis
- Cigniti Technologies
- Keysight Technologies
- Apexon
- Cygnet Digital
- Qualitykiosk Technologies Pvt. Ltd.
- Invensis Technologies Pvt. Ltd.
- Qasource Inc.
- Idera, Inc.
- Smartbear Software
- Parasoft
- Sauce Labs Inc.,
- Accelq Inc.
- Applitools
- The Qt Company
- Astegic Inc.
- Mobisoft Infotech
- Thinksys Inc.
- Qa Mentor
- Afour Technologies
- Codoid
- Worksoft, Inc.
- Testgrid
For more information about this report visit https://www.researchandmarkets.com/r/lg6zix
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